BK Quiz

Carriage inward comes in ___________

• Trading a/c

• Profit and Loss A/c

• Balancesheet

Balancesheet is a statement

• True

• False

Sales comes in

• Profit and Los a/c

• Balancesheet

• Trading a/c

Profit and Loss a/c is a _______________

• Real a/c

• Nominal a/c

• Balancesheet

Carriage Inward comes in

• Trading a/c

• Profit and Loss a/c

• Balancesheet

Royalty is a _____________

• Trading expense

• Profit and Loss expense

• Trading income

• Balancesheet

Salary comes in

• Trading a/c

• Profit and Loss a/c

• Balancesheet

Creditors comes in Balancesheet ____________

• Asset

• Liability

Wages comes in _______________

• Profit and Loss a/c

• Balancesheet

• Trading

Capital is an ______________

• Asset

• Liability